NOT LISTED FOR SALE

1405 Monument Ave Springfield, IL 62702

Oak Ridge Neighborhood

Estimated Value: $123,000 - $154,000

3 Beds
1.5 Baths
1,926 Sq Ft
$75/Sq Ft Est. Value

Last Sold October 29, 2024

Last sale price $138,000 $72 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $970/month

1 Day on Market

Highlights

  • 1 Fireplace
  • Eat-In Kitchen
  • Forced Air Heating System
  • 2.5 Car Detached Garage
  • Bungalow
  • 1-minute walk to Oak Ridge Cemetery

About This Home

As of October 2024

This charming 3-bedroom, 2-bath bungalow sits on a quiet street. Inside, you'll find a thoughtfully designed layout with a bright and inviting living area, perfect for family gatherings or entertaining guests. The finished basement adds valuable living space, ideal for a home office, playroom, or entertainment area, and has been waterproofed. You'll also enjoy the an oversized 2-car garage, providing ample space for parking and storage.

Last Agent to Sell the Property

Clayton Yates

The Real Estate Group, Inc. License #475160796 Listed on: 09/10/2024

The Real Estate Group, Inc.

Last Buyer's Agent

Dennis Pryor

Century 21 Real Estate Assoc License #475137003

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,425

Year Built

  • Built in 1929

Lot Details

  • Lot Dimensions are 50 x 173

Parking

  • 2.5 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1,926 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Lanphier High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 14-21.0-478-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,425

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1929
  • Architectural Style: Bungalow
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator, Washer, Dryer
  • Basement: Finished, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Living Area: 1926
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Other
  • Construction Type: Aluminum Siding, Brick, Wood Siding
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2.5
  • Parking Features: Detached

Utilities

  • Heating: Gas, Forced Air, Central Air
  • Water Source: Public, Public Sewer, Sump Pump

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School: Lanphier High School

Lot Info

  • Lot Size: 50 X 173
  • Parcel #: 14-21.0-478-021

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2424.58
  • TaxExemptions: Homestead/Owner Occupied,Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Oct 17, 2024
Sold by
Young Richard A and Young Karol A
Bought by
Foster Dwaine
Seller's Agent
Clayton Yates
The Real Estate Group, Inc.
Buyer's Agent
Dennis Pryor
Century 21 Real Estate Assoc
List Price
$145,000
Sold Price
$138,000
Premium/Discount to List
-$7,000
-4.83%
Views
44
Current Estimated Value
$143,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,718
Avg. Annual Appreciation
3.59%
Original Mortgage
$135,500
Outstanding Balance
$134,048
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$9,670

Purchase Details

Closed on
Jul 31, 2000

Purchase Details

Closed on
Dec 19, 1996

Purchase Details

Closed on
Mar 8, 1991
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Foster Dwaine $138,000 None Listed On Document
-- $73,500 --
-- $60,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Dwaine $135,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2024 10/29/24 Sold $138,000 -4.8% $72 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $145,000 -- $75 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,609 $42,066 $4,459 $37,607
2023 $2,425 $38,424 $4,073 $34,351
2022 $2,247 $36,077 $3,864 $32,213
2021 $2,136 $34,726 $3,719 $31,007
2020 $2,095 $34,779 $3,725 $31,054
2019 $2,052 $34,658 $3,712 $30,946
2018 $1,985 $34,489 $3,694 $30,795
2017 $1,932 $34,043 $3,646 $30,397
2016 $1,880 $33,547 $3,593 $29,954
2015 $2,269 $33,146 $3,550 $29,596
2014 $2,116 $32,932 $3,527 $29,405
2013 $2,069 $31,532 $3,528 $28,004
Source: Public Records

Agents Affiliated with this Home

  • Clayton Yates

    Seller's Agent in 2024

    Clayton Yates

    The Real Estate Group, Inc.

    (217) 371-1370

    9 in this area

    457 Total Sales

    Clayton Yates
    Section Image
  • Dennis Pryor

    Buyer's Agent in 2024

    Dennis Pryor

    Century 21 Real Estate Assoc

    (217) 414-6027

    1 in this area

    65 Total Sales

    Dennis Pryor
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1031752

RMLS Alliance

APN: 14-21.0-478-021

Illinois Sangamon County Springfield 62702 Oak Ridge

1405 Monument Ave, Springfield, IL

Not Listed for Sale

Detached

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